ANALYSIS AND JUSTIFICATION OF THE STRUCTURAL TRANSFORMATION OF THE INDUSTRY OF THE DONETSK PEOPLE’S REPUBLIC

The article analyzes the structural deformations of the industrial development of the DPR and identifies the need for its structural transformation. The authors substantiate that structural transformation is the highest form of structural change and represents an irreversible, qualitative transformation of the composition, structure and development of the socio-economic system. It is established that the impulse of structural changes in the economy is a structural crisis, and the reaction of the socio-economic system to the manifestations of the crisis is changes and shifts in the structure. It is determined that the basis for the economic recovery of the DPR should be structural changes in the development of the Republic’s industry. The application of an integrated approach to the formation and transfer of responsibility in the process of structural transformation of the economy of the DPR as an effective tool for the development of industry in the region, improving the quality of life is justified